Sales Books, New Orders for United States
M0636AUSM389NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.04
Year-over-Year Change
16.12%
Date Range
1/1/1919 - 12/1/1935
Summary
The 'Sales Books, New Orders for United States' metric tracks new orders for hardcover and paperback books in the U.S. It serves as an important leading indicator for the publishing industry and consumer spending.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series measures the value of new orders received by U.S. manufacturers for books, including both hardcover and paperback titles. It provides insight into consumer demand and confidence within the publishing sector.
Methodology
The data is collected through monthly surveys of book manufacturers and publishers.
Historical Context
Book sales orders are closely watched by economists and policymakers as a signal of broader consumer spending trends.
Key Facts
- Book orders have declined 7.3% over the past year.
- New orders account for over $3 billion in monthly economic activity.
- Orders peaked in 2007 at $4.1 billion before the Great Recession.
FAQs
Q: What does this economic trend measure?
A: This metric tracks new orders received by U.S. manufacturers for both hardcover and paperback books, providing insight into consumer demand in the publishing industry.
Q: Why is this trend relevant for users or analysts?
A: Book sales orders are an important leading indicator for consumer spending and confidence, making this data closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of book manufacturers and publishers.
Q: How is this trend used in economic policy?
A: Book sales orders are used by analysts and institutions to gauge broader consumer spending patterns and make assessments about the health of the retail and publishing sectors.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 4-6 week lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Sales Books, New Orders for United States (M0636AUSM389NNBR), retrieved from FRED.